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Earn up to
Our online savings account lets you save what you can and withdraw when you want through our App or Internet Banking, without fees or interest charges.
Existing customer? Login to internet banking
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Earn interest each month, no matter how many withdrawals you make from your online savings account.
What if the money in your bank account helped other people and the planet? When you bank with us, it does.
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Savings are protected by the Australian Government guarantee on combined deposits up to $250,000.
This account requires the Bank Australia App or Internet Banking to check your balance, pay bills or move money.
With no account fees, deposit fees or online transfer fees, so you can reach your savings goals faster.
Move money instantly with Osko. And use PayID to pay and be paid the simple way.
Grow your savings with small change. Eligible purchases on your Visa Debit card are rounded up to the nearest $1, $5 or $10.
Open an account with another person. Joint accounts are available with any of our transaction or savings accounts.
Know your money is safe with card controls, security alerts and more.
Organise your savings into buckets – think ‘home deposit’ and ‘holidays’ – simply by opening a second Bank Australia savings account, like Bonus Saver.
Check your balance and access your savings account online at any time in the app or internet banking.
Funds available at call and accessed via internet banking and app.
Interest rate is variable, calculated daily on whole of balance and credited monthly.
People aged 13+
Aged under 13? Read about our bank accounts for children
People living in Australia as a permanent resident or with a relevant work visa
Single and joint account holders
We’ll waive the staff-assisted withdrawal fees if you:
For all fees and charges please refer to Deposit fees, charges and transaction limits
Information provided is of a general nature only. In providing you with this information you should consider the appropriateness of this advice with regards to your particular financial situation and needs. You should consult the Product Disclosure Documents below and Target Market Determination before making a decision to apply for products with Bank Australia.
Terms, conditions, fees and charges are applicable as outlined below.
Have your smartphone and your Australian driver's licence or Australian passport handy when you apply
Please note you must be 18+ to open online.
Complete your online ID verification and account application
Start using your new account
Calculate your return using our savings and term deposit calculator. See how hard your money can work with different amounts, terms and interest rates.
Setting up and using Bank Australia services including the app, internet banking, branch banking, and our accessibility services.
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The admin side of your accounts. Like changing your details, finding numbers, downloading statements and getting set to travel.
